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Where can i invest my money so that interest is charged monthly instead of every year?


i have 10,000 to invest for at least a year and i am able to add 1,000 more each month? any suggestions on how to invest?

lending tree

hjdj

ingdirect.com

That is the million dollar question!!!

a roth acc

CDs.ask an investor at YOUR bank.

Both of my banks do monthly interest. A money market account usually has higher interest. But you would need a 10% interest rate...which is rare.

talk to a broker about a mutual fund that has at least, minimum 12% growth per year. Your additional investments in the same fund will increase your earning potential.

It depends on the total time u can definitely leave it in and the % of chance that you will need to pull some of it out, during that year. A year is a very short period of time, for an investment to give a return.
The simplest is a high interest checking account.
Next in simplicity and slightly higher interest returned are CD's, just check your local banks to see who is paying the highest interest.
You can invest it in a "safe" bluechip stock, such as IBM or Coca-cola,
U an go to a money market account or even a standard saving account.
Do u have a broker or investment councilor? If so, and u trust them, let them invest it, but their fee will hit that short of an investment, hard. And they get it on both ends, investment and selling the investment.
Do some research and use an online broker and for under 10 bucks do your own buying and selling, whether daily or longer term. that still opens up everything from high risk tech stock or back to the blue chip, safer companies. u want a company that has a record of paying high dividends and that has enough volumn of stocks traded that u can sell at will.

Go to a financial advisor.That is a lot of money to lose by investing foolishly. I bought stocks on the dollar cost average system and it has done well. What that is is you invest the 10,000 and each month have your 1,000 direct deposited to the fund. They buy stocks that you choose at the going rate. Some months you will buy more than others depending on the rate at the time of purchase. Another more secure way is to buy certificates of deposit from your bank. The rates are going up now so it's a good time. I would not advise you to buy your stocks through the bank as you don't seem to have as much say so over them and it's harder to talk to a financial officer as they seem to travel from bank to bank.(at least that's the way it is here) Hope this helps

You can buy a stock like Pfizer (PFE) at a low price and sign up for their dividend reinvestment plan that will buy you more shares. Plus you can set up your bank account for a $1000 withdrawal to buy more shares of PFE. The price is so low that you would be gaining a dividend with a yield of 5%.

I see that someone recommended INGdirect but I moved my money out of them because I found UFBDirect that pays a full percent higher for a savings account. It is hard to beat 5.31%

Ultimate savings
http://ufbdirect.com/ufbdirect/

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